2. Identify the choice that best completes the statement or answers the question: a. The personal liability

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2. Identify the choice that best completes the statement or answers the question:

a. The personal liability portion of a homeowner’s insurance policy protects the insured against financial loss when his or her (i) house floods, (ii) jewelry is stolen, (iii) guests injure themselves, (iv) reputation is damaged.

b. Renter’s insurance includes coverage for all of the following except (i) the building, (ii) personal property,

(iii) additional living expenses, (iv) personal liability.

c. The basic home insurance policy form protects against several perils, including (i) sleet, (ii)

lightning, (iii) flood, (iv) earthquake.

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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